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Sunday, 28 September 2008

Credit where credit is due - No thank you!

This morning we received a letter from Barclaycard advising us that our credit limit has been increased by 50% 'to help you make the most of your card'.

We had not asked for our credit limit to be increased and, given that we have never come near the old limit, there would appear to have been no reason why we would require this to happen.

In view of the precarious nature of the current economic climate, tempting customers to borrow more seems to me to be highly irresponsible, which is what we intend to advise Barclaycard when we write and ask them to leave our credit limit where it is, than you very much.